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Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111 Exercise 49
A certain consumer buys only food and compact discs. If the quantity of food bought increases, while that of compact discs remains the same, the marginal utility of food will
A) fall relative to the marginal utility of compact discs.
B) rise relative to the marginal utility of compact discs.
C) rise, but not as fast as the marginal utility of compact discs falls.
D) fall, but not as fast as the marginal utility of compact discs falls.
A) fall relative to the marginal utility of compact discs.
B) rise relative to the marginal utility of compact discs.
C) rise, but not as fast as the marginal utility of compact discs falls.
D) fall, but not as fast as the marginal utility of compact discs falls.
Explanation
Verified
Verified
Therefore, the marginal utility of food ...
Economics for Today 9th Edition by Irvin Tucker
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